Divergence of GDP per capita among latecomers to the capitalist revolution in Madagascar
Madagascar: Divergence of GDP per capita among latecomers to the capitalist revolution was 1,428 2011$ in 2018. ▼ Falling
Latest (2018)
1,428 2011$
Change on year
up 2.0%
World rank
139th
of 145 countries
All-time high
1,986 2011$
in 1971
All-time low
1,111 2011$
in 2002
Years of data
69
1950–2018
Divergence of GDP per capita among latecomers to the capitalist revolution in Madagascar, 1950–2018
Source: Maddison Project Database (2018) – processed by Our World in Data. Measured in 2011$.
Analysis
The most recent figure for divergence of gdp per capita among latecomers to the capitalist revolution in Madagascar is 1,428 2011$, measured in 2018.
Compared with earlier readings it is up 2.0% on the previous year and down 2.1% over ten years.
Over the whole period, divergence of gdp per capita among latecomers to the capitalist revolution in Madagascar peaked at 1,986 2011$ in 1971 and was at its lowest, 1,111 2011$, in 2002.
That places Madagascar 139th out of 145 countries with data for 2018, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 69 years of available data.
Divergence of GDP per capita among latecomers to the capitalist revolution in Madagascar, year by year
| Year | 2011$ | Change |
|---|---|---|
| 1950 | 1,516 2011$ | — |
| 1951 | 1,549 2011$ | +2.2% |
| 1952 | 1,581 2011$ | +2.1% |
| 1953 | 1,613 2011$ | +2.0% |
| 1954 | 1,645 2011$ | +2.0% |
| 1955 | 1,677 2011$ | +1.9% |
| 1956 | 1,709 2011$ | +1.9% |
| 1957 | 1,741 2011$ | +1.9% |
| 1958 | 1,773 2011$ | +1.8% |
| 1959 | 1,804 2011$ | +1.7% |
| 1960 | 1,793 2011$ | -0.6% |
| 1961 | 1,795 2011$ | +0.1% |
| 1962 | 1,800 2011$ | +0.3% |
| 1963 | 1,747 2011$ | -2.9% |
| 1964 | 1,779 2011$ | +1.8% |
| 1965 | 1,734 2011$ | -2.5% |
| 1966 | 1,733 2011$ | -0.1% |
| 1967 | 1,790 2011$ | +3.3% |
| 1968 | 1,871 2011$ | +4.5% |
| 1969 | 1,900 2011$ | +1.5% |
| 1970 | 1,954 2011$ | +2.8% |
| 1971 | 1,986 2011$ | +1.6% |
| 1972 | 1,916 2011$ | -3.5% |
| 1973 | 1,824 2011$ | -4.8% |
| 1974 | 1,816 2011$ | -0.4% |
| 1975 | 1,795 2011$ | -1.2% |
| 1976 | 1,694 2011$ | -5.6% |
| 1977 | 1,691 2011$ | -0.2% |
| 1978 | 1,604 2011$ | -5.1% |
| 1979 | 1,714 2011$ | +6.9% |
| 1980 | 1,680 2011$ | -2.0% |
| 1981 | 1,492 2011$ | -11.2% |
| 1982 | 1,423 2011$ | -4.6% |
| 1983 | 1,395 2011$ | -2.0% |
| 1984 | 1,305 2011$ | -6.5% |
| 1985 | 1,296 2011$ | -0.7% |
| 1986 | 1,267 2011$ | -2.2% |
| 1987 | 1,258 2011$ | -0.7% |
| 1988 | 1,240 2011$ | -1.4% |
| 1989 | 1,251 2011$ | +0.9% |
| 1990 | 1,262 2011$ | +0.9% |
| 1991 | 1,161 2011$ | -8.0% |
| 1992 | 1,153 2011$ | -0.7% |
| 1993 | 1,154 2011$ | +0.1% |
| 1994 | 1,132 2011$ | -1.9% |
| 1995 | 1,130 2011$ | -0.2% |
| 1996 | 1,132 2011$ | +0.2% |
| 1997 | 1,152 2011$ | +1.7% |
| 1998 | 1,174 2011$ | +1.9% |
| 1999 | 1,207 2011$ | +2.8% |
| 2000 | 1,239 2011$ | +2.6% |
| 2001 | 1,290 2011$ | +4.1% |
| 2002 | 1,111 2011$ | -13.9% |
| 2003 | 1,198 2011$ | +7.9% |
| 2004 | 1,240 2011$ | +3.5% |
| 2005 | 1,276 2011$ | +3.0% |
| 2006 | 1,322 2011$ | +3.6% |
| 2007 | 1,384 2011$ | +4.7% |
| 2008 | 1,459 2011$ | +5.4% |
| 2009 | 1,368 2011$ | -6.2% |
| 2010 | 1,350 2011$ | -1.3% |
| 2011 | 1,347 2011$ | -0.2% |
| 2012 | 1,351 2011$ | +0.3% |
| 2013 | 1,345 2011$ | -0.4% |
| 2014 | 1,354 2011$ | +0.7% |
| 2015 | 1,360 2011$ | +0.4% |
| 2016 | 1,381 2011$ | +1.5% |
| 2017 | 1,400 2011$ | +1.3% |
| 2018 | 1,428 2011$ | +2.0% |
Madagascar compared with similar countries
- Madagascar's 1,428 2011$ is below the median for low income countries, which is 1,628 2011$, 88% of the median. (18 countries reporting)
- Madagascar's 1,428 2011$ is below the median for Sub-Saharan Africa, which is 2,046 2011$, 70% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 1,661 2011$ | 1,516 2011$ | 1,804 2011$ | 10 |
| 1960s | 1,794 2011$ | 1,733 2011$ | 1,900 2011$ | 10 |
| 1970s | 1,799 2011$ | 1,604 2011$ | 1,986 2011$ | 10 |
| 1980s | 1,361 2011$ | 1,240 2011$ | 1,680 2011$ | 10 |
| 1990s | 1,166 2011$ | 1,130 2011$ | 1,262 2011$ | 10 |
| 2000s | 1,289 2011$ | 1,111 2011$ | 1,459 2011$ | 10 |
| 2010s | 1,368 2011$ | 1,345 2011$ | 1,428 2011$ | 9 |
Countries ranked near Madagascar
- 136 Burkina Faso 1,590 2011$ compare
- 137 Guinea-Bissau 1,501 2011$ compare
- 138 Togo 1,451 2011$ compare
- 140 Mozambique 1,133 2011$ compare
- 141 Malawi 1,117 2011$ compare
- 142 Niger 964.66 2011$ compare
More economy & growth data for Madagascar
- Foreign direct investment, net outflows (BoP, current US$), gaps 134.39 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0076 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.2 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 606.21 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 16.69 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0345 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 18.96 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 5.8 % change on previous year (2024)
- Total reserves (includes gold, current US$), per unit of GDP 0.1583 includes gold, current US$ per US$ of GDP (2024)
- Total reserves (includes gold, current US$), per capita 87.11 includes gold, current US$ per person (2024)
Frequently asked questions
- What is divergence of gdp per capita among latecomers to the capitalist revolution in Madagascar?
- Divergence of gdp per capita among latecomers to the capitalist revolution in Madagascar was 1,428 2011$ in 2018, according to Maddison Project Database (2018) – processed by Our World in Data.
- What is the highest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Madagascar?
- The highest recorded value was 1,986 2011$ in 1971.
- What is the lowest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Madagascar?
- The lowest recorded value was 1,111 2011$ in 2002.
- How does Madagascar rank for divergence of gdp per capita among latecomers to the capitalist revolution?
- Madagascar ranks 139th out of 145 countries with data for 2018.
- Is divergence of gdp per capita among latecomers to the capitalist revolution rising or falling in Madagascar?
- Over the last ten years it is down 2.1%. The long-run trend across the full record is falling.
- Where does this Madagascar data come from?
- The figures come from Maddison Project Database (2018) – processed by Our World in Data, published as part of Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid updates them automatically from the source API.
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About this data
Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]